Why would people buy stocks "on margin " if it was so risky?

the answer should be arrogance & pride.

- tobacco.

- "rolfe reacted to consumer demand by importing seed from the west indies and cultivating the plant in the jamestown colony. those tobacco seeds became the seeds of a huge economic empire.the tobacco economy rapidly began to shape the society and development of the colony. growing tobacco takes its toil on the soil."

< 3

one of the main reasons was definitely slavery. back in 1861, republican abraham lincoln was elected and ended up being a major influence in the slavery business. slavery greatly affected the texas economy because back in 1845 during the annexation of texas, slaves became a big part of the texas population. many texans that were in favor of the secession influenced groups through party ties.